VwLaw


Porsche's takeover of VW facing delays?

With present economic conditions shrinking Porsche's available cash, the automaker may have to adjust or delay its plans to gain full control of Volkswagen. In January, Porsche raised its stake in Volkswagen to 50.76% gaining a majority stake. The Stuttgart-based automaker wants to purchase more of VW, but it stressed that economic conditions must support the move. The economy isn't the only thing keeping the family-owned automaker from proceeding. Even though Porsche has the ownership it needs in VW, the German government isn't immediately ... Read more →

Porsche and Piech families bury the hatchet, will probably be dug up again... Jonathon Ramsey

Dr. Wolfgang Porsche, the head of Porsche Holding, and Porsche's group works council chairman Uwe Huck took time to answer Porsche staff questions about the impending takeover of VW. It appeared to ...

Porsche plans to take absolute control of VW November 26 Jonathon Ramsey

For a few years there at large profile gatherings in America – especially sporting events – people wielding signs that referenced the Bible passage "John 3:16" and said things like "Be ...

VW and Porsche can't get along, risk future tech and product plans Jonathon Ramsey

In the land of mergers and acquisitions, there are takeovers, there are hostile takeovers, and then there are I'm Gonna Git You Sucka No Matter What takeovers. Porsche's increasingly acrimonious ...

Porsche gobbles up more of VW while takeover is delayed Jonathon Ramsey

A procedural glitch, as opposed to Berlin-based intrigue, has postponed Porsche's plan to take over Volkswagen. The EU Commission requires a company to have a controlling interest in a company, or at ...

The Volkswagen Law returns 1 year ago on Autoblog

The Volkswagen Law is doing its best impression of Lazarus -- or perhaps a better analogy would be whack-a-mole. The European Court and minority VW shareholder Porsche keep trying to kill it, but it keeps popping up. Now the German government has agreed on an altered VW law -- but one that still ...

Porsche stake in VW unlikely to change soon; a new "VW law" could return 1 year ago on Autoblog

The so-called "VW law" was struck down by the European Court last October. Previous to that, the state of Lower Saxony was able to veto any Volkswagen shareholder action it didn't like. When the law was struck down it looked like the Lower Saxony had no choice but to watch Porsche, which had been ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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